Eurazeo Co-CEO William Kadouch-Chassaing says he doesn't see the same issues in the private credit space in Europe that are seen in the US. Speaking to Bloomberg's Tom Mackenzie and Lizzy Burden, he says "in our credit business, which represents 5% of our AUM, we have less than 9% exposure to software." This interview occurred on Friday, March 13. (Source: Bloomberg)
Eurazeo Co-CEO William Kadouch-Chassaing says he doesn't see the same issues in the private credit space in Europe that are seen in the US. Speaking to Bloomberg's Tom Mackenzie and Lizzy Burden, he says "in our credit business, which represents 5% of our AUM, we have less than 9% exposure to software." This interview occurred on Friday, March 13. (Source: Bloomberg)
PhonePe, India’s biggest digital payments platform, has put its IPO plans on hold, citing geopolitical tensions and a volatile stock market. On Monday, the Bengaluru-based company said it had paused its IPO plans, but remains committed to going public once market conditions improve. The move comes less than two months after the fintech filed an updated IPO prospectus, targeting a listing on Indian...
PhonePe, India’s biggest digital payments platform, has put its IPO plans on hold, citing geopolitical tensions and a volatile stock market. On Monday, the Bengaluru-based company said it had paused its IPO plans, but remains committed to going public once market conditions improve. The move comes less than two months after the fintech filed an updated IPO prospectus, targeting a listing on Indian stock exchanges later this year. Escalating tensions in the Middle East have rattled global financial markets and pushed oil prices higher, prompting investors to retreat from stock markets. India’s benchmark equity indexes, the Nifty 50 and BSE Sensex, have each fallen about 9% over the past month, and hundreds of Indian stocks have recorded double-digit declines since the conflict started on February 28. PhonePe, valued at about $12 billion in January 2023, was targeting a market capitalization of around $15 billion in its IPO, which could have raised as much as $1.5 billion. More recently, however, investment bankers working with PhonePe on its IPO had suggested lowering its valuation expectations to about $9 billion, two people familiar with the company told TechCrunch. PhonePe said any claims that the IPO is being paused due to valuation concerns are “baseless.” “We paused the process only because of the current market conditions, which are unrelated to PhonePe,” a company spokesperson said in an emailed statement. Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register now to save up to $400. Save up to $300 or 30% to TechCrunch Founder Summit 1,000+ founders and investors come together at TechCrunch Founder Summit 2026 for a full day focused on growth, execution, and real-world scaling. Learn ...
Citigroup Inc. has hired Morgan Stanley banker Eric Farina as global co-head of infrastructure financing and capital solutions, according to a memo reviewed by Bloomberg News. Farina will co-lead the new custom financing effort alongside Rob Cascarino , who will also continue in his role as Citigroup’s co-head of debt capital markets for Europe, the Middle East and Africa, according to the memo fr...
Citigroup Inc. has hired Morgan Stanley banker Eric Farina as global co-head of infrastructure financing and capital solutions, according to a memo reviewed by Bloomberg News. Farina will co-lead the new custom financing effort alongside Rob Cascarino , who will also continue in his role as Citigroup’s co-head of debt capital markets for Europe, the Middle East and Africa, according to the memo from Achintya Mangla , the bank’s financing chief. Farina and Cascarino will report to John McAuley and Chris Munro , Citigroup’s global debt capital markets heads. The IFCS group will help arrange custom financings for Citigroup’s clients depending on their needs, according to the memo. Financing needs are evolving as more money pours into developing critical infrastructure across energy, transportation and artificial intelligence, Mangla wrote. He said the bank is “committed to delivering curated solutions that reflect the full capabilities of the capital market ecosystem” to clients. Farina, who will be based in New York, most recently led infrastructure finance and private capital markets at Morgan Stanley. A spokesperson for Citigroup confirmed the contents of the memo. The hire comes after Citigroup last month assembled a group of bankers focused on the artificial intelligence infrastructure boom .
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at how the Iran war has impacted North African nations, as well as: Rwanda threatens to withdraw its troops from Mozambique Ethiopia asks its citizens to use fuel sparingly And finally, Uganda’s Bobi Wine flees the countr...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at how the Iran war has impacted North African nations, as well as: Rwanda threatens to withdraw its troops from Mozambique Ethiopia asks its citizens to use fuel sparingly And finally, Uganda’s Bobi Wine flees the country Contrasting Fortunes They’re far from the missiles striking the Gulf, but North Africa’s Arab-majority states aren’t escaping the effects of an Iran war that’s raging for a third week. Oil beyond $100 a barrel is an immediate economic blow for some of the countries stretching along the southern Mediterranean. OPEC members Libya and Algeria may get a boost. For Egypt, easily the most-populous, the effect has been pronounced . Prices at Cairo fuel pumps went up by as much as 17% last week, yet the fallout went beyond energy bills. Billions of dollars in portfolio investment have exited, government bonds slumped and its pound hit an all-time low — testing International Monetary Fund-backed reforms designed to guard against future crises. All the same, Goldman Sachs and others point out that Egypt — armed with record foreign-currency buffers and an apparent resolve to take tough steps — is in a better position to weather a storm than just two years ago. It’s a different story in Algeria, home to some of the continent’s largest oil and gas reserves. There are hopes the surge in crude prices will relieve public finances stretched by high government spending, including on a sprawling web of state salaries and subsidies seen as key to maintaining social order. Arch-rival Morocco, meanwhile, relies on energy imports. It’s been on a mission to refocus spending and trim subsidies in recent years, efforts that helped it recover an investment-grade rating. State intervention to mitigate the war’s effects and a more hawkish monetary policy might jeopardize those gains and raise funding...
ASHBURN, Va., March 16, 2026 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, has posted its 2025 fourth quarter and full year financial results on its investor relations website at https://investors.telos.com. Telos will host a live webcast to discuss its fourth quarter ...
ASHBURN, Va., March 16, 2026 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, has posted its 2025 fourth quarter and full year financial results on its investor relations website at https://investors.telos.com. Telos will host a live webcast to discuss its fourth quarter and full year 2025 financial results today, March 16, 2026, at 9:30 a.m. ET. To access the webcast, visit https://edge.media-server.com/mmc/p/p99edfa3/. Related presentation materials will be available in the Investors section of the Company’s website. In addition, an archived webcast will be posted on the website approximately two hours after the live event concludes. About Telos Corporation Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with efficient, adaptable, and secure solutions that safeguard people, systems, and information. We deliver advanced capabilities across cyber governance, risk, and compliance (GRC) with Xacta®; identity and biometric solutions; secure networks and communications; and TSA PreCheck® enrollment services. Serving the U.S. federal government, regulated industries, and global enterprises, Telos helps customers stay ahead of evolving threats, accelerate compliance, and achieve mission success. Driven by purpose and guided by our core values, we build trusted partnerships, deliver superior solutions, and help create a more secure, interconnected world. Learn more at www.telos.com. Media: media@telos.com Investors: InvestorRelations@telos.com
The S&P 500 Index — Wall Street’s most observed stock index — witnessed an astonishing bull run in the past three years. The massive growth of artificial intelligence (AI) across the world, a low-interest rate regime and accommodative monetary policies pursued by the Fed and several other major central banks and a precipitous decline in the inflation rate helped U.S. stock markets to flourish. How...
The S&P 500 Index — Wall Street’s most observed stock index — witnessed an astonishing bull run in the past three years. The massive growth of artificial intelligence (AI) across the world, a low-interest rate regime and accommodative monetary policies pursued by the Fed and several other major central banks and a precipitous decline in the inflation rate helped U.S. stock markets to flourish. However, the index suffered in 2026 owing to concerns related to the continuity of AI trade and geopolitical conflicts in the Middle East, resulting in a crude oil price surge that could push up the inflation rate and lead to serious doubts over whether the Fed will continue its interest rate cuts and accommodative monetary policies. Despite these headwinds, we have narrowed our search to three S&P 500 stocks with a favorable Zacks Rank that have provided double-digit returns in the past month. These are: Dell Technologies Inc. DELL, Keysight Technologies Inc. KEYS and Ciena Corp. CIEN. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The chart below shows the price performance of our three picks in the past month. Image Source: Zacks Investment Research Dell Technologies Inc. Zacks Rank #2 Dell Technologies benefits from strong demand for AI servers driven by the ongoing digital transformation and heightened interest in generative AI applications. DELL secured $34.1 billion in AI server orders, surpassing shipments and building a strong backlog. Strong enterprise demand for AI-optimized servers aids DELL. A robust partner base that includes the likes of NVIDIA, Google, and Microsoft has been a major growth driver. AI server demand remained robust, contributing $9 billion to fourth-quarter 2025 revenues. Dell’s enterprise AI customer base surpassed 4,000, with broad adoption across industries. DELL’s PowerEdge XE9680 AI-optimized server is very much in demand. The launch of advanced AI...
The US has not intervened in energy derivatives markets, Treasury Secretary Scott Bessent said, after the Middle East conflict pushed crude futures to the highest in almost four years. “That rumour’s in the market,” Bessent said in an interview with CNBC when asked whether the US could act in derivatives contracts to bring down the price of oil. “We haven’t done that.” The US has been mulling a me...
The US has not intervened in energy derivatives markets, Treasury Secretary Scott Bessent said, after the Middle East conflict pushed crude futures to the highest in almost four years. “That rumour’s in the market,” Bessent said in an interview with CNBC when asked whether the US could act in derivatives contracts to bring down the price of oil. “We haven’t done that.” The US has been mulling a menu of possible options to tame the surge in oil prices, people familiar with the matter said last week, which included the possibility of the Treasury Department trading oil futures. Questions remain about the effectiveness and mechanics of oil futures trading by the Treasury, the people said at the time. Brent oil surged as high as $119.50 last week before paring the bulk of those gains intraday. The global benchmark traded in a bigger range in less than 48 hours than it has in each of the previous three years. Crude remains above $100 a barrel while prices for refined products like gasoline and jet fuel have also soared. Bessent said that oil prices would likely fall “much lower” than $80 a barrel over the coming months, once the conflict is over.
In this article PTON Follow your favorite stocks CREATE FREE ACCOUNT A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Monday announced its Commercial Series, the company's first Bike and Tread products built for high-traffic gym floors. The move marks the co...
In this article PTON Follow your favorite stocks CREATE FREE ACCOUNT A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Monday announced its Commercial Series, the company's first Bike and Tread products built for high-traffic gym floors. The move marks the company's latest push beyond its core at-home business and deeper into the multibillion-dollar commercial fitness market. "I've had the chance of speaking with the CEOs of a number of gyms, gym operators or big-box operators over the last year," CEO Peter Stern told CNBC in an interview. "The one brand their members asked for, and therefore that they are asking for it, 'Find a way to get me Peloton equipment.'" The suite of products is a part of the company's commercial unit, which it launched in 2025 in partnership with Precor, the fitness equipment maker it acquired in 2021. Peloton already has a presence in major businesses like hotel chains Hyatt and Hilton . The company did not say which gyms specifically would offer its new machines. The expansion could broaden Peloton's footprint in the fitness industry. Through its integration with Precor, Peloton now has access to a commercial distribution network spanning more than 60 countries, allowing the company to scale its equipment and digital platform internationally. Stern did not disclose pricing for the new equipment, but said the products will be "priced competitively," with more details expected closer to the planned launch in late 2026. The machines combine Peloton's digital workout platform and instructor-led classes with hardware engineered by Precor to withstand heavy daily use. Pedaling uphill Peloton's push into gyms could face resistance. Some fitness chains have been reluctant to integrate Peloton equipment, preferring to promote their in-house classes, digital platforms and instructors. "I need to leave how gym...
Tevarak/iStock via Getty Images Investment Thesis The ability to distinguish between correlation and causation sits at the heart of all analytical study. It is known that the sun does not rise because the clock strikes a certain hour. Move an observer from Alaska to Panama, and the timing shifts dramatically, while the passage of time itself remains unchanged. It is this fundamental principle that...
Tevarak/iStock via Getty Images Investment Thesis The ability to distinguish between correlation and causation sits at the heart of all analytical study. It is known that the sun does not rise because the clock strikes a certain hour. Move an observer from Alaska to Panama, and the timing shifts dramatically, while the passage of time itself remains unchanged. It is this fundamental principle that makes the broad acceptance of the "Four-Year Cycle" for Bitcoin ( BTC-USD ) so perplexing. In short, I don't buy it. Not as a reason to sit on the sideline waiting for a scheduled cycle bottom, not as a reliable indicator of future performance, and absolutely not as a predictive framework. My perspective is that every significant sustained drawdown in Bitcoin's history has an identifiable macro catalyst that explains it far more convincingly than the calendar attribution. I don't believe a constellation in the sky during my month of birth explains my personality, and I don't believe the passage of four years predicted the collapse of FTX and hawkish central banks in 2022. The Four-Year Cycle, in my view, is the product of coincidence that has been elevated to doctrine by a dedicated community following an emerging asset class hungry for a means to attribute its ebbs and flows. Strip away the financial astrology, and you're left with a defensible narrative of a nascent asset that is undergoing a continuing journey of adoption and market maturity over a 17-year span. For these reasons, I am an aggressive buyer of the fear and view the recent sell-off as a misunderstood moment in time in a constructive long-term narrative. Given sufficient time, Bitcoin's valuation tends to gravitate towards the levels implied by supply models, such as stock-to-flow and changes in the global money supply. To me, these garden-variety bear market corrections will be much less severe than they were prior to the entrance of institutional participants and represent potentially generational buying ...
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this internet search leader have returned +2.4% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Internet - Services industry, to which Alphabet belongs, has gai...
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this internet search leader have returned +2.4% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Internet - Services industry, to which Alphabet belongs, has gained 2.7% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Alphabet is expected to post earnings of $1.85 per share, indicating a change of +28.5% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. For the current fiscal year, the consensus earnings estimate of $7.60 points to a change of +31% from the prior year. Over the last 30 days, this estimate has changed -0.1%. For the next fiscal year, the consensus earnings estimate of $8....
Uber Technologies (UBER) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this ride-hailing company have returned +9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Internet - Services industry, to which Uber belongs, has gai...
Uber Technologies (UBER) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this ride-hailing company have returned +9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Internet - Services industry, to which Uber belongs, has gained 0.9% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Uber is expected to post earnings of $0.31 per share, indicating a change of +72.2% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.5% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $0.84 points to a change of -3.5% from the prior year. Over the last 30 days, this estimate has changed -3.9%. For the next fiscal year, the consensus earnings estimate o...
UiPath (PATH) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this enterprise automation software developer have returned -37.1%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Technol...
UiPath (PATH) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this enterprise automation software developer have returned -37.1%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Technology Services industry, which UiPath falls in, has gained 5.6%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. UiPath is expected to post earnings of $0.08 per share for the current quarter, representing a year-over-year change of -11.1%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. The consensus earnings estimate of $0.52 for the current fiscal year indicates a year-over-year change of -3.7%. This estimate has remained unchanged over the last 30 days. For th...
Super Micro Computer (SMCI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this server technology company have returned +8.6% over the past month versus the Zacks S&P 500 composite's +4.1% change. The Zacks Computer- Storage Devices industry, ...
Super Micro Computer (SMCI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this server technology company have returned +8.6% over the past month versus the Zacks S&P 500 composite's +4.1% change. The Zacks Computer- Storage Devices industry, to which Super Micro belongs, has gained 5.7% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Super Micro is expected to post earnings of $7.95 per share for the current quarter, representing a year-over-year change of +126.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.8%. The consensus earnings estimate of $23.51 for the current fiscal year indicates a year-over-year change of +99.1%. This estimate has changed -4% over the last 30 days....
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this internet search leader have returned -1.1%, compared to the Zacks S&P 500 composite's -2.9% change. During this period, the Zacks Internet - Services industry, which A...
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this internet search leader have returned -1.1%, compared to the Zacks S&P 500 composite's -2.9% change. During this period, the Zacks Internet - Services industry, which Alphabet falls in, has lost 0.8%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Alphabet is expected to post earnings of $2.76 per share, indicating a change of -1.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. The consensus earnings estimate of $11.6 for the current fiscal year indicates a year-over-year change of +7.3%. This estimate has changed +0.3% over the last 30 days. For the next fiscal year, the conse...
Peloton Interactive Inc. introduced a new bike and treadmill designed to be used in gyms, its latest effort to deliver on a long-promised turnaround. The Peloton Commercial Series, announced on Monday, comes out of the company’s commercial business unit, which was established last year after the firm’s earlier purchase of exercise-machine maker Precor. Under this arrangement, Precor leads product ...
Peloton Interactive Inc. introduced a new bike and treadmill designed to be used in gyms, its latest effort to deliver on a long-promised turnaround. The Peloton Commercial Series, announced on Monday, comes out of the company’s commercial business unit, which was established last year after the firm’s earlier purchase of exercise-machine maker Precor. Under this arrangement, Precor leads product development and hardware engineering, while Peloton provides the software experience. Bloomberg reported last week on Peloton’s plans to expand its commercial business with updated products. Read More: Peloton’s New Comeback Bid Counts on GLP-1 Users, More Treadmills In the announcement, New York-based Peloton emphasized the machines’ durability, saying they are designed for high-traffic gym floors. The new equipment will start shipping to gym partners later this year and will initially be available in the US, UK, Canada, Germany, Australia and Austria. “We are bridging the gap between the home and the gym by pairing our world-class digital experience and design with some of the most durable hardware on the market,” Peloton Chief Executive Officer Peter Stern said in a statement. Peloton aggressively expanded during the pandemic, only to enter a persistent sales slump after lockdowns eased and gyms reopened. Investors have been waiting years for a successful turnaround, and the company has been looking to diversify its business, moving beyond at-home connected fitness gear. In addition to expanding its commercial unit, the company plans to make treadmills a bigger priority and is weighing lower-priced models in that category. It is also plotting a deeper push into strength training; striking more partnerships and licensing deals; and considering several new marketing levers, including targeting people using GLP-1 weight loss drugs. In Peloton’s fiscal second quarter, which ran through December, revenue for the company’s commercial unit rose 10%. Precor, which Peloton acquir...
SoundHound AI, Inc. (SOUN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this company have returned -14% over the past month versus the Zacks S&P 500 composite's +6.2% change. The Zacks Computers - IT Services industry, to which SoundHound AI belongs, has gained ...
SoundHound AI, Inc. (SOUN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this company have returned -14% over the past month versus the Zacks S&P 500 composite's +6.2% change. The Zacks Computers - IT Services industry, to which SoundHound AI belongs, has gained 8.6% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. SoundHound AI is expected to post a loss of $0.08 per share for the current quarter, representing a year-over-year change of +11.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -27.8%. For the current fiscal year, the consensus earnings estimate of -$0.36 points to a change of +5.3% from the prior year. Over the last 30 days, this estimate has changed -19.2%. For the next fiscal year, the consensus earnings estimate of -$0.21 in...
Eli Lilly (LLY) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this drugmaker have returned -8.6% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Large Cap Pharmaceuticals industry, to which Lilly belongs, has ...
Eli Lilly (LLY) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this drugmaker have returned -8.6% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Large Cap Pharmaceuticals industry, to which Lilly belongs, has lost 5.5% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Lilly is expected to post earnings of $4.53 per share, indicating a change of +4,430% from the year-ago quarter. The Zacks Consensus Estimate has changed +0% over the last 30 days. The consensus earnings estimate of $16.49 for the current fiscal year indicates a year-over-year change of +160.9%. This estimate has changed -0.1% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $23.9...
Qualcomm (QCOM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this chipmaker have returned +13.7%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Wireless Equipment industry, which Qualcomm falls in, has...
Qualcomm (QCOM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this chipmaker have returned +13.7%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Wireless Equipment industry, which Qualcomm falls in, has gained 11.7%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Qualcomm is expected to post earnings of $2.24 per share for the current quarter, representing a year-over-year change of +19.8%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.6%. For the current fiscal year, the consensus earnings estimate of $9.87 points to a change of +17.1% from the prior year. Over the last 30 days, this estimate has changed +0.3%. For the next fiscal year, the consensus earnings e...
Affirm Holdings (AFRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this operator of digital commerce platform have returned -22.6% over the past month versus the Zacks S&P 500 composite's -8.9% change. The Zacks Internet - Software industry, to which Affirm Hol...
Affirm Holdings (AFRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this operator of digital commerce platform have returned -22.6% over the past month versus the Zacks S&P 500 composite's -8.9% change. The Zacks Internet - Software industry, to which Affirm Holdings belongs, has lost 15% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Affirm Holdings is expected to post a loss of $0.08 per share for the current quarter, representing a year-over-year change of +81.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -6.3%. The consensus earnings estimate of -$0.06 for the current fiscal year indicates a year-over-year change of +96.4%. This estimate has changed +60% over the last 30 days. For the next fiscal year, the consensus earnin...
Arista Networks (ANET) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this cloud networking company have returned +6.3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Communication -...
Arista Networks (ANET) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this cloud networking company have returned +6.3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Communication - Components industry, which Arista Networks falls in, has gained 8.7%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Arista Networks is expected to post earnings of $1.93 per share, indicating a change of +22.2% from the year-ago quarter. The Zacks Consensus Estimate has changed +4.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $7.92 points to a change of +14.1% from the prior year. Over the last 30 days, this estimate has changed +4.5%. For the next fisc...
Qualcomm (QCOM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this chipmaker have returned -7.7% over the past month versus the Zacks S&P 500 composite's -2.9% change. The Zacks Electronics - Semiconductors industry, to which Qualcomm belongs, has lost 3.2...
Qualcomm (QCOM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this chipmaker have returned -7.7% over the past month versus the Zacks S&P 500 composite's -2.9% change. The Zacks Electronics - Semiconductors industry, to which Qualcomm belongs, has lost 3.2% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Qualcomm is expected to post earnings of $2.57 per share, indicating a change of -9.8% from the year-ago quarter. The Zacks Consensus Estimate has changed +0% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $11.17 points to a change of -7.2% from the prior year. Over the last 30 days, this estimate has changed -0.8%. For the next fiscal year, the consens...
Advanced Micro Devices (AMD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this chipmaker have returned -6.7%, compared to the Zacks S&P 500 composite's -2.9% change. During this period, the Zacks Computer - Integrated Systems industry...
Advanced Micro Devices (AMD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this chipmaker have returned -6.7%, compared to the Zacks S&P 500 composite's -2.9% change. During this period, the Zacks Computer - Integrated Systems industry, which Advanced Micro falls in, has lost 2.9%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Advanced Micro is expected to post earnings of $1.27 per share, indicating a change of +32.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.1% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $6.61 points to a change of +58.5% from the prior year. Over the last 30 days, this estimate has changed +0.2%. For t...